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CBS Corporation
CBS Corporation Announces $750 Million Senior Note Offering
May 31st, 2009
CBS Corporation (NYSE:CBS.A)(NYSE:and CBS) announced the pricing of a debt offering of $400 million of 8.20% senior notes due 2014 and $350 million of 8.875% senior notes due 2019. CBS Corporation intends to use the net proceeds of the offering to fund the Company's pending offer to purchase its outstanding 7.70% senior notes due 2010 and for general corporate purposes. The joint lead and joint book managers for the offering are Banc of America Securities LLC, Citi, J.P. Morgan Securities Inc. and UBS Securities LLC. A prospectus can be obtained by contacting CBS Corporation Investor Relations at 1-877-CBS-0787 (1-877-227-0787) or 212-975-6450 or...
Source: Pharma Investments, Ventures & Law Weekly (2009-05-31)
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